January 2, 2024 Data source: Bloomberg, L.P. Note: Spot prices are in nominal terms and are not adjusted for inflation. The price of Brent crude oil averaged $83 per barrel (b) in 2023, down from […]
ENERGY TRANSITION EPISODE #92 – Energy Trends in 2024 Highlights of the podcast: 01:17 – Energy restriction by geopolitical influences 04:40 – The governments want something different than what the people want 10:20 – Natural […]
Casper-based Disa Technologies has a new patented mineral separation process that could have broad application in the mining and extraction sector, but is particularly exciting for rare earths and uranium remediation. It’s another cog in […]
John F. Clauser, winner of the 2022 Nobel Prize in Physics for his work on quantum mechanics, has decided to sign the World Climate Declaration of Clintel with its central message “there is no climate emergency”. Clauser is the […]
Fears of lower demand and rising non-OPEC supply threatens OPEC+ cuts. U.S. oil producers took everyone by surprise this year by adding 1 million barrels in daily output. OPEC’s share in the global total may […]
Energy giants QatarEnergy and ExxonMobil released the latest construction update for their Golden Pass LNG export terminal on the US Gulf Coast near Sabine Pass, Texas. State-owned QatarEnergy owns a 70 percent stake in the […]
South Korean shipbuilding giant Samsung Heavy Industries has secured an order for one floating liquefied natural gas (FLNG) unit. SHI said on Tuesday the order won from an owner in North America is worth 2.01 […]
As federal incentives spur a wave of new domestic clean energy manufacturing, economic boosters in Ohio and neighboring states see an opportunity to “Make it in Appalachia.” A virtual summit this month will serve as […]
China’s renminbi keeps losing ground, after initial progress. But the tiny “other” reserve currencies combined are taking share from the USD. By Wolf Richter for WOLF STREET. The US dollar has been the dominant global reserve currency for […]
Iran sends destroyer to waterway as US navy sinks Houthi boats Brent declined 10% last year, its first annual drop since 2020 Oil rose after Iran sent a warship to the Red Sea in response to […]
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